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Daily Market Report 12/18/20

By
Mortgage and Lending with Evolve Bank & Trust NMLS #275652

http://MikesDailyMarketReport.com: The Leading Economic Indicators Index rose 0.6% in November.  Stocks are facing a lot of volatility today, as they face a Quadruple-Witching.  Also, Congress is still working toward a Stimulus Package, along with a Government Spending Bill, in order to avoid a Government Shutdown.  Meanwhile, MBS is currently Down 2bps and sitting just above it's 25 DMA.  Yesterday, it worked itself back above the 25 DMA.  Yields are still sitting in "No Mans Land" between it's 2 technical levels at just under 0.94%.

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